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= 13. A stock just paid a dividend of DO = $1.50. The required rate of return is rs = 11.5%, and the constant growth

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= 13. A stock just paid a dividend of DO = $1.50. The required rate of return is rs = 11.5%, and the constant growth rate is g = 4%. What is the current stock price? * O A. $20.11 B. $20.80 C. $24.31 D. $24.93 O E. None of the above

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